Thu, 29 Jun
|Webinar
Financial Sector Hub: Managing Greenwashing Risk in the Context of Increased Commitments
This session will help non-executive directors of financial institutions understand how to manage the risk of greenwashing in the context of increasing sustainable finance commitments.
Time & Location
29 Jun 2023, 13:00 – 14:00 GMT+1
Webinar
About the event
Delivered in collaboration with McKinsey.
This session will help non-executive directors of financial institutions understand how to manage the risk of greenwashing in the context of increasing sustainable finance commitments. Banks have significantly increased their commitments in the past 3 years ($9.5tn of green financing commitments made by top ~50 banks and $1tn of sustainable bonds issued by banks globally since 2020). Alongside this, climate-related activism has also increased significantly (8x increase in number of shareholder resolutions against banks since 2020 and a sharp rise in climate litigation), intensifying the need for the Board’s focus on mitigating greenwashing risk.